IFC and FMO Provide XacBank with Syndicated Loan to Support MSME Borrowers
IFC has now provided a syndicated senior loan facility of $108.5 million to XacBank, the largest syndication for a Mongolian commercial bank to date.
MoreMongolia has become the 61st country to introduce Progress out of Poverty Index tool (PPI)
XacBank and the Microfinance Development Fund (MDF) in cooperation with Grameen Foundation NGO have introduced internationally recognized Progress out of Poverty Index tool (PPI) in Mongolia.
MoreXacBank ranks 9th among the TOP-100 enterprises in Mongolia
XacBank was ranked in the 9th place among the top 100 companies in Mongolia at the 15th Annual Awards Ceremony held at the Government House’s Urgoo Ceremonial Hall on 28 April 2016.
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